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The new meme coin craze finds its roots in PEPE – a deflationary meme coin that was created as a tribute to the Pepe the Frog internet meme. Although the meme that gained popularity in the 2000s was created by Matt Furie, the meme coin “has no association with Matt Furie or his creation Pepe the Frog”. It is “simply paying homage to a meme we all love and recognize”.
Despite having no intrinsic value, expectations of financial return, formal team, or roadmap, the completely useless coin has climbed 6666.82% since its launch less than a month back. With a $738M market cap, PEPE ranks $60 on CoinMarketCap.
But Can PEPE Sustain the Explosive Growth?
Sadly not. The token has already lost almost half of its value, after climbing to an all-time high of $0.000004354 on 5 May 2023. In the coming weeks, it will continue to rapidly lose value, as investors look for alternative meme coins that have emerged in the past. After ballooning up to a massive market cap of $1.6B, PEPE has been moving on and off for the past few days.
PEPE all-time price overview, 10 May 2023, CoinMarketCap
Moreover, liquidity challenges make things harder for the meme coin. It has taken a toll on investor confidence in the project. The many copycats spawned into the market in the wake of the PEPE craze also catalyze the downtrend.
In short, PEPE is a bubble waiting to burst.
Meme coins are highly volatile. They will shed their market cap and wipe out money from naive investors as cryptocurrencies with better blockchain use cases enter the market. If you’re looking for an investment that can stand the test of time, utility tokens like Metropoly are your best bet. They will weather the market volatility due to their intrinsic value and demand. If the underlying projects are robust and market relevant, they will prove to be excellent short-term and long-term returns.
Metropoly is Heavily Underrated
And therein lies its appeal. While most investors prefer to follow the herd for 5% to 30% returns, shrewd investors have their eyes on underrated cryptos. One such crypto that’s awaiting a strong bull run this month is Metropoly – the world’s first NFT marketplace backed by 100% real-world assets.
The release of Metropoly’s Beta 3.0 dashboard scheduled for 28th May will trigger the first bull run for the token, taking it anywhere from 3-5X up the charts.
At the heart of Metropoly’s uniqueness is its robust makeup, tapping into the evergreen allure of real estate assets. While the traditional real estate market is reserved for the rich and privileged due to its high entry barrier, Metropoly makes real estate investments accessible to all. This is accomplished by adding real estate assets to the blockchain to keep a transparent record of their transactions.
How Metropoly’s Fractionalized NFTs Simplify Real Estate Investment
In the previous section, we discussed how Metropoly adds real estate assets to the blockchain. There is more. To begin with, it creates a blockchain replica of these assets as NFTs, which are then fractionalized for better affordability.
You may not have the financial resources to buy a $1M property that accrues remarkable returns every month as rent. Does that mean you should limit your investments to properties that offer less attractive and reliable yields?
No, says Metropoly.
With Metropoly fractional NFTs, you can invest in the $1M property with thousands of other investors for as low as $100. Buying and selling of fractional ownership of income-generating properties are executed within seconds on the platform. If trading a real estate asset can take you 60 days on average in the traditional market where 98% of real estate transactions are still done offline, Metropoly makes it as simple as trading stocks. It simplifies and decentralizes the multi-trillion-dollar industry.
Moreover, the market pays no heed to where you reside or what your credit score is. It is accessible to anyone and everyone looking to make a fortune in the real estate market.
What Makes Metropoly Evergreen?
Metropoly has an evergreen luster in the highly volatile crypto market. It derives stability and profitability from traditional real estate, which has long been considered a highly lucrative asset class with low risk.
These features speak for the credibility and high growth potential of the project:
- Metropoly offers investors a consistent and reliable way to increase their cash flow by distributing a share of rental income. So, you can stream a small share of your savings into Metropoly every month or quarter to generate lucrative passive income.
- Being backed by real-world properties, Metropoly NFTs go through expected value appreciation to create long-term wealth.
- If real-world real estate investments require you to do paperwork, complete legal compliance, maintain the property, and find tenants, Metropoly investment is as passive as it gets. Metropoly’s team of professionals, with years of expertise in their relevant fields, take care of everything.
- Metropoly is a strong hedge against inflation as property values and their passive revenues increase every year. Moreover, fractionalization allows you to diversify your real estate portfolio and offset risk.
- Metropoly will soon enter the rich real estate market of Dubai.
Moreover, the Metropoly beta is already live. The Metropoly Marketplace 3.0 Beta is set to launch on May 28th at 6 pm UTC.
We have this breathtaking property available for rent using $METRO!
Kata Blue Sea Resort👇https://t.co/sHIroZuk8C
For further information, please send a direct message to @mr_metropoly on Telegram, who will provide all the details.
More properties coming soon! 🔥 pic.twitter.com/KItNb9yuPJ
— METROPOLY (@metropoly_io) May 10, 2023
Can Metropoly Replicate PEPE’s Success?
Being a utility token, it’s hard for Metropoly to replicate the success of PEPE. It is driven by utility rather than speculation. As a result, it is a more sustainable alternative to meme coins despite its modest returns.
That said, the upcoming METRO’s 500% bull run is not a small opportunity to miss out on this month– whether you are a long-term or short-term investor. Since it is highly underrated, investors who buy the token now can generate up to 20X returns toward the end of the year as it makes its way to the top-100 crypto chart.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
